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WEF & NIUA sign MoU to work on Sustainable Cities India programme

WEF & NIUA sign MoU to work on Sustainable Cities India programme

The NIUA (National Institute of Urban Affairs) and the WEF (World Economic Forum) has reportedly inked an MoU (Memorandum of Understanding) to work together on Sustainable Cities India.

The initiative intends to create an accepting environment for cities to produce decarbonization solutions across the transport, energy, and built environment sectors. The program comes after Prime Minister Modi asserted India’s dedication to becoming net-zero by 2070 as a response to climate change at COP26.

The program aims to allow the decarbonization of cities sustainably and systematically that will curb emissions and provide equitable and resilient urban ecosystems.

According to Kunal Kumar, the Mission Director and Joint Secretary (Smart Cities Mission) at the Ministry of Housing and Urban Affairs, the collaboration between WEF and NIUA is a crucial step in realizing India’s vision of expediting the transition towards clean energy. He added that the partnership will help cities in India and the world to learn from each other and navigate action towards climate resilience and sustainable development.

NIUA and the Forum will adapt its Toolbox of Solutions and City Sprint process for decarbonization with respect to 5-7 Indian cities across two years. The process of City Sprint is a series of multi-stakeholder, multi-sectoral workshops involving government, business, and civil society leaders to allow decarbonization, especially through circularity and clean electrification.

The result of the workshop series will be a shortlist of meaningful business models and policies, which not only curb emissions but also optimize system value such as job creation and enhanced air quality. City Sprints will aid in commencing or expediting net-zero planning and action.

The process uses the Toolbox of Solutions, a digital platform that contains more than 200 instances of clean electrification, best practices of efficient and smart infrastructure along with case studies across energy systems, buildings, and mobility from more than 110 cities worldwide.

Source credit:

https://www.moneycontrol.com/news/business/real-estate/wef-and-indias-niua-to-collaborate-on-sustainable-cities-development-programme-8160721.html

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